THE INVESTOR

메뉴열기
May 21, 2018

LG Hausys tops W3tr in net revenue 2017

PUBLISHED : January 24, 2018 - 17:42

UPDATED : January 24, 2018 - 17:42

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] LG Hausys, a maker of windows, curtain walls and other interior materials, hit a record high in net revenue in 2017, according to the firm on Jan. 23.

The Kospi-listed firm’s net income in 2017 came to 3.26 trillion won ($3.04 billion), up 11.2 percent compared to the previous year. The operating profit reached 133 billion won, down 15.3 percent on-year.

This marked the first time that the material arm under the third-largest conglomerate in market cap topped 3 trillion won since the firm has spun off from LG Chem and relisted on the Kospi in April 2009. In the first year of business, the net profit came to 1.66 trillion won.

LG Hausys cited increase in sales of window system and insulation panels made of phenolic foam, boasting high capacity to store heat.

LG Hausys’ market cap came to 814.3 billion won as of Jan. 24 morning.

By Son Ji-hyoung/The Korea Herald (consnow@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Shin Chang Hoon
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0615|Business info
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.